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Broker must also disclose to the other contracting party all substantial matters relating to<br />
the subject matter of the agreem<strong>en</strong>t, which are deemed necessary to avoid uncertainty.<br />
Article (18)<br />
A Real Estate Broker may not facilitate any transaction that violates the laws or regulations<br />
in force in the Emirate.<br />
Article (19)<br />
Despite the fact that a Real Estate Broker repres<strong>en</strong>ts only one of the parties to the<br />
transaction, he must faithfully disclose the transaction details and conditions he is<br />
aware of. The Real Estate Broker will be held responsible for any fraud or mistake he<br />
may commit.<br />
Article (20)<br />
A Real Estate Broker may not hold himself out as second party in the contract he facilitates<br />
unless he is so authorised by one of the contracting parties, in which case the Real Estate<br />
Broker will not be <strong>en</strong>titled to any remuneration.<br />
Article (21)<br />
A Real Estate Broker will be deemed the trustee of any amounts, securities, bonds, or any<br />
other items delivered to him by any of the parties for safekeeping or for delivery to the<br />
other party. The Real Estate Broker must deliver such items as agreed and will be bound<br />
by the relevant trusteeship rules.<br />
Article (22)<br />
A Real Estate Broker will be held liable for any loss or damage suffered by the contracting<br />
parties as a result of his fraudul<strong>en</strong>t act or deceit or as a result of failure to observe any<br />
relevant rules stipulated in this Bylaw or the code of professional ethics.<br />
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